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Steven L. McDonald Appointed President and CEO
of TNB Card Services’ Parent Company, Town North Bank, N.A.

DALLAS - September 24, 2009 - The parent company of TNB Card Services, Town North Bank, N.A., has appointed Steven L. McDonald as the new CEO of the Dallas-based financial institution. McDonald has been named president and CEO following the retirement of John C. Reap, the bank's president for 15 years.

McDonald has been EVP and CFO of the bank since September 2008. His experience includes senior executive positions in both public and private companies in the financial services industry focused on retail banking, consumer lending, and capital markets. McDonald is a graduate of Southern Methodist University.

"Steve's strong financial background and close ties to the Dallas community made him the ideal candidate to take over the reins at Town North Bank." said Jesse Gutierrez, chairman of the board of Town North Bank, N.A., and president of Texas Bay Area Credit Union. "We have every confidence that he will continue John Reap's legacy, which has been instrumental in empowering credit unions with the ability to compete against national card issuers through its TNB Card Services division."

Scott Wagner, executive vice president of TNB Card Services, will report directly to McDonald and continue to lead the strategic mission of the card services division. TNB Card Services remains committed to serving the credit union industry by delivering innovative and revenue-producing card products and strategies that enable credit unions to strengthen member loyalty and drive revenue.

TNB Card Services has a rich heritage in the credit union industry as the first issuer of credit cards for credit unions. Since it was founded in 1976, TNB Card Services has become a leading electronic payment services provider focused on enabling credit unions to successfully compete against national card issuers.

About TNB Card Services
TNB Card Services, owned and directed by credit unions since 1976, provides electronic payments processing for credit unions nationwide. Serving more than 550 financial institutions of all sizes and managing more than 2 million cards, Dallas-based TNB enables credit unions to enhance member loyalty through credit union-branded card products. For more information about TNB, go to www.tnbcard.com or call Mark Fenner at 1-800-422-0733 ext. 6655.